Sesa To Slash Liberia Proj By 80%

Apr 04 2014

April 4: Sesa Sterlite is scaling down its Liberia plans. Bloomberg has learnt that the Anil Agarwal-run company is looking to cut an iron ore project in Liberia by 80%. This move comes in as approval delays halted infrastructure plans in the African nation, and the mining ban in India sapped cash flows. Anupriya Nair shares more details on the same.